The July Payment On Account Deadline for soletraders

If you are anticipating the July payment on account  don’t worry there is still time to review this. If your profits reduced in 22/23, then you should be able to reduce your July payment on account that is due 31 July accordingly. This must only be adjusted if your tax liability is LESS than your previous year (assuming this is not …

Sole Trader VS Limited Company

Choosing the best structure for your business can either be one of the most frustrating or easiest decisions that you will need to make in the early stages of starting your business. One of the ways to make the decision a lot simpler is to fully understand the key differences between choosing to incorporate your business or not. I am …

‘Do you really need an Accountant?’

What an amazing first year in practice! I’ve met with some inspiring beauty businesses, influencers and mentors along the way and a constant topic of many conversations that frequently came up throughout the year had a common theme; Why do businesses need an accountant and how do you select the best accountant for you and your business. After a decade …

The Leap Of Faith

I recently wrote an email to AAT Magazine (Association of Accounting Technicians) after reading a brilliant article about turning points. It got me thinking, I could identify so many but the two that I focused on in my email were the two that identified with the magazine in question. Winning the PQ Accounting Award and then starting my own accountancy …

Beauty and Accounting – My Why!

Hi, So I am Ria-Jaine and I would like to welcome you to my first ever blog for Ria-Jaine Accounts. I thought this would be a good opportunity to provide you with a little insight into what my objectives are with this new business venture and why I am specialising in Accounts and Personal Tax for the Beauty Industry. Firstly …